Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
QLD › Point Vernon › Michelle Dr
$747,000
Last sold
1 Apr 2026
3
Bedrooms
1
Bathrooms
5
Car spaces
636 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$747,000
1 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Point Vernon (last 5 years) with land size have a median of $1,067/m² of land (n=112). Districts calculation from recorded sales — not a valuation.
Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs Point Vernon
-8.9%
Median sale
Suburb $820,000
+0.37 pp
Gross yield
Suburb 3.72%
Suburb median $820,000 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $587/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Point Vernon at a glance
5,987
People
$820,000
Median sale
$587/wk
Median rent
3.72%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Allen PropertyPositioned in the heart of Point Vernon, this well maintained three bedroom home offers a practical layout combined with a host of extras designed for comfortable everyday living. With generous indoor and outdoor spaces plus a sizeable shed, it's a property that caters to a wide range of lifestyles.
Some of the great features of this property include:
* 3 bedrooms, two with built-in robes while the master includes a walk in robe with direct access to the two way bathroom
* Modern kitchen with recently updated appliances including electric oven & gas cooktop, soft closing drawers and plenty of bench space
* Main bathroom with walk-in shower, toilet and vanity, plus an additional separate toilet for added convenience
* Two split system air conditioners, one in the master bedroom and one in the main living area, with ceiling fans throughout for year round comfort
* Spacious enclosed outdoor patio area featuring a servery window from the kitchen, ideal for entertaining
* Remote controlled electric gate providing access to the carport along the side of the home for secure vehicle storage or backyard access
* 6m x 7m shed with two manually operated roller doors
* Vehicle shade over the driveway offering protection from the elements
* Solar power and solar hot water system to help reduce running costs
* Established gardens and fully fenced yard
* 2 x 500L water tanks connected to a pump for watering your gardens
Whether you're retired and looking for a low maintenance place to enjoy, a first home buyer entering the sought after Point Vernon market, or simply searching for a well equipped home close to the coast, this property presents a fantastic opportunity.
Inspection is to be arranged by contacting The Sales Team @ Allen Property - 07 4128 0040 or 0493 887 979.
Listing description written by Allen Property Sales Team, Allen Property — reproduced as published, not verified by Districts.